By now, we are all used to some of the backdoor deals and unprincipled compromises that too often masquerade as politics—so, to that extent, we have become a bit numb to the nonsense. However, I think that Capitol Hill took its legislative...
The Internal Revenue Service's recent efforts to enforce the reporting of foreign bank accounts has created a lot of confusion for many people. This is particularly true for beneficiaries of trusts, as well as for holders of interests in foreign...
The events of the past year make it clear that the U.S. government has launched an unprecedented assault on taxpayers who hide their assets in offshore bank accounts. In addition to bringing numerous criminal cases, the government has accepted...
When it comes to the tax cost of a lifetime gift of property, estate planners often focus on the gift taxable value of the transferred asset and, to that end, on the asset's form. In the international context, the focus on form can be even more...
Financial advisors who got caught in a swindle.
If you want to win or keep the trust of your clients, you need to demonstrate to them that you have a solid base of knowledge about the changing investment environment.
